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It’s mentioned a number of times but fast forward to the last paragraph of Fowler’s Outlook
Foxy, in the Outlook section
The business model and opportunities we have been developing over the years have created a foundation from which we can deliver significant growth and sustainable revenue streams and build shareholder value. The recent large-scale long-term contracts we have secured which will provide an upward step change in revenues, the recovery and growth in our existing operations and the numerous new opportunities we are developing underpin our confidence for the future growth of our business.
Whilst acknowledging that there is still global uncertainty and delays may still impact the delivery of certain projects in the short term, providing the expected easing of restrictions and delays and the resultant recovery continues we are on track to meet full year expectations. We are however confident in our 2022 and future forecasts. The Board and I remain committed to delivering on our significant growth potential.
For them to be nearly half way through H2 and reiterate full year targets of £15.7mill revs and £0.9mill profits is telling. That’s a circa 250% increase in revs from H1 to H2. You’d not state it if you weren’t happy it’s currently happening.
If 2022 is a 500 percent increase prediction to 5 million profit ,simalar rise could well produce 25 million profit in 2023 .It’s makes as much sense than these bitter ex holders who simply lost money all over the board .
It’s early in the morning - and I might have missed it, just skimming thru the RNS - but where does Pete say, as you quote…
“We are on track to meet full year expectations.“
As expected...... "encouraging" and "several" mentioned many times throughout..........He has cleverly avoided the word "ratification" and just like Tema , the formalities are outstanding leaving us guessing as to when DRC will start.....On the whole..... I suppose this report is encouraging........ KSA mentioned, so still some embers there....... I actually think a corner is being turned....... looking forward to the presentation... however, we have just read the script so Pete [pasty or not] will only regurgitate what is in the H1 report........B
We have long term contracts ,we should see profits of at least £5 per year for the next 20 years plus other deals ,long term this is incredibly undervalued and by the end of this year will show a profit ,well done Wsg team .
The coming months are going to be truely transformational for WSG and shareholders.
The amount of bitter ex holders on here is hilarious. They will unfortunately miss the large SP gain coming for holders.
There aren’t any profits this year yet. Careful comparisons show that H1 2021 was marginally better than a $hit H2 2020. Very selective.
On track for huge profits next year ,which is nearly 500 percent increase on profits this year without any other deals ,profits increased this year during pandemic,how many companies on aim can show all of this and have market caps many times that of Wsg ,one thing for sure next year market cap will be many multiples of this share price .
Very fluffy…. Boooooom or blurhhhh
People (Maccers for example) ) will read what they want to read into that. Not a peep (actual explanation) as to why they are deploying and incurring expense despite still not having a contract. Very Tema-esque.
Might drop a bit on that. Wouldn’t be surprised.
Emphasis on 3rd now “who want’s to see me get my gong”
H2 seems like it will be circa 250% increased revenue from H1. Nice
As a shareholder I recognise it as the usual jam but the increase in Lunghi & Ghana income is like gold dust while we wait for the excrutiating rollout of the jam, enough in there to keep me interested and should keeo the sp simmering under the surface
“We are on track to meet full year expectations. We are however confident in our 2022 and future forecasts”
So over 8 months into the year they are on for the FY expectations of maiden profit of £0.9mill.
Also confident of 2022 numbers which is £5.3mill profit and a forward PE of 3 lol.
They were highly conservative with DRC first year target of $6mill revs as well. That represents 25% of the passenger numbers pre Covid whereas SL is seemingly running at 70%.
All in all a huge amount to look forward to in the rest of this year.
Smoke and mirrors. Love Pete
It seems WSG have started the process already, presumably to get ahead of the game and bring some revenues into 2021.
Which I read as PF being very confident of the Govt approval .
I am pleased to report we have already commenced deployment of key personnel for the project, our 100% subsidiary, Westminster Aviation Security Services RDC, which will be employing the local personnel and other logistics, has now been formed, local professional advisors engaged and we are currently preparing the operational logistics ready for commencement.
Morning followers. Toast at the ready :-)
Relax- I have nothing against traders- especially honest ones
:)
What a sad ****ing lad you are. You lost money, you are **** at trading. Get over it
Gibbo- you did not answer my question- was fowler aware of the Trump’s intention to withdraw the USA from the JCPOA at the time of his infamous RNS in Dec 2017?
Get yu toast ready for 7 o’clock followers ready for the double digit JAM hahahaha
Oh dear Vander, still struggling with the facts are we?
RNS dated 16 May 2016.
“Under the draft terms of the contract WASS would generate revenues in excess of £30m per annum”
I’ll even give you the link for it as you seem to be struggling.
https://www.lse.co.uk/rns/WSG/middle-east-contract-letter-of-intent-kad51pq7ttudydg.html
Apologies gibbo- the infamous fowler RNS detailing the agreement of the Middle East contract with attendant financial details was 21/12/17- trump pulled out of the jcpoa in may 18- I am really sorry for this